Truth is, we’ve been told to borrow! borrow! borrow! until we think that being in debt is just a way of life. But it isn’t, and there are ways you can pay off debt-a house, a car, credit cards, you name it-if you really want to do so.
Are you feeling like your debts are overwhelming you, and you don’t even know where to begin to address the problem? Don’t leave debt stress to torture you for even one more day. The problem is not going away, and it will only become worse the longer it’s ignored. So set about dealing with debt [...]
Are you under 25 years of age? Are you living on your own dime? Struggling with school, rent, and all the payments that come with becoming an adult? Here’s some money advice especially for you that may help you avoid the average $3,000 credit card debt of new graduates, and their $25,000 average student loan [...]
Sometimes paying so many bills each month can become confusing. There’s the water bill, the electric bill, the mobile phone bill, credit cards, rent or mortgage, car payments-and then you miss one-oops! And down comes your credit rating another notch. Worse, if it’s not your first time missing a payment, it can also bring your [...]
Is your head spinning as you try to figure out bad debt from good debt, debt “set points” and other pretty tough financial lingo? Well, let’s get a few things straight, and some of the basics sorted out. You might be asking, first, is there ever a time and place for debt? The answer is, [...]
When couples first start out, they can often run into conflict over how they’re going to handle their finances-even friendly mergers can be difficult. Getting together on the same page about how you’ll handle your debts as well as savings and planning for the future can be a great way to minimize one of the [...]
If it’s been a long time since your finances have seen anything but red, you’re not alone. In 2009, the Certified General Accountants Association of Canada released a shocking report on the state of finances in Canada. According to the report, Canadians have reached an all-time debt high of $1.3 trillion dollars. At the time [...]
If you think you make too little money to be able to save, think again. Lots of studies show that it’s all about the attitude. One big reason many of us don’t save is that we’ve never really been taught to think about putting money in the bank-only spending it. Sometimes we’re just clued out [...]